CRA Direct Deposit

Get your payments and tax refunds faster with direct deposit into your account. 

The government of Canada has partnered with Canadian financial institutions to offer Canada Revenue Agency Direct Deposit enrolment through online banking.  Kootenay Savings members now have access to sign up for Direct Deposit.

  • Are you currently out of work due to COVID-19 and recently applied for the Canada Emergency Response Benefit?
  • Do you currently receive the following CRA payments by cheque via Canada Post such as:
    • Income tax refund
    • Canada child benefit
    • Goods and services tax or harmonized sales tax (GST/HST) credit
    • Canada workers benefit
    • Related provincial and territorial payments
    • Old Age Security and/or Canada Pension Plan
  • Do you need to update your account information/address for Canada Revenue Agency?

If you are a Canadian taxpayer and answered YES to any of these questions, you can sign up NOW to have these payments made directly to your Kootenay Savings account, a quick and secure way to receive your payment. 

How to Register for Direct Deposit

To register, please complete the following steps from the Kootenay Savings full online banking site. Please note, registration cannot be completed using the Kootenay Savings mobile app at this time.

  1. Log into online banking here
  2. Select “Account Services” from the left hand menu
  3. Select “Setup CRA Direct Deposit” and follow the on screen instructions

To view our step-by-step instructions, click here.

For a list of Frequently Asked Questions click here.

If you are not set up for online banking, please call 1.800.665.5728 and one of our member service representatives will assist you.